Handbook of Practical Planning for Artists, Art Collectors, and Their Advisors - 2nd Edition - Ramsay H Slugg cover
American Bar Association Casebook Series

Uncategorized · 2nd Edition

Handbook of Practical Planning for Artists, Art Collectors, and Their Advisors - 2nd Edition - Ramsay H Slugg

ISBN
9781641052894
Publisher
American Bar Association
Edition
2nd Edition
Condition
$86.99 one-time purchase · 15% restocking fee on returns

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Description

Handbook of Practical Planning for Artists, Art Collectors, and Their Advisors 2nd Edition Ramsay H Slugg ISBN 9781641052894

Handbook of Practical Planning for Artists, Art Collectors, and Their Advisors explores the dual nature of art as both a deeply personal passion and a complex financial asset. As Ramsay H. Slugg notes, art’s unique characteristics make it one of the most challenging assets to integrate into a comprehensive estate or financial plan. This book addresses two critical aspects of art ownership: planning for the eventual disposition of art—including its financial and estate implications—and managing the practical considerations of collecting while preparing for its future transfer.

After an overview of the art market, the book presents a client-centered advisory process for art collectors. It covers the income, estate, and gift tax consequences of various strategies, alongside the often emotional, non-tax considerations of acquiring, holding, and transferring art. The text also highlights the roles of key professionals involved in art planning, including art advisors, appraisers, and risk management specialists.

Illustrative case studies throughout the book provide real-world examples, offering practical guidance for collectors and their advisors on navigating the financial, legal, and personal dimensions of art ownership.

Handbook of Practical Planning for Artists, Art Collectors, and Their Advisors 2nd Edition Ramsay H Slugg ISBN 9781641052894, 978-1641052894 & 9781641052900

Author
Ramsay H Slugg